Stock Worth Mentioning: Constellium NV Increases Again; Strong Momentum for Buyers

Stock Worth Mentioning: Constellium NV Increases Again; Strong Momentum for Buyers

The stock of Constellium NV (NYSE:CSTM) is a huge mover today! About 421,465 shares traded hands. Constellium NV (NYSE:CSTM) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
The move comes after 6 months positive chart setup for the $643.24 million company. It was reported on Nov, 10 by Barchart.com. We have $8.58 PT which if reached, will make NYSE:CSTM worth $276.59M more.

Constellium NV (NYSE:CSTM) Ratings Coverage

Out of 11 analysts covering Constellium NV (NYSE:CSTM), 7 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 64% are positive. Constellium NV has been the topic of 12 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was initiated by Credit Suisse on Friday, March 11 with “Outperform”. The firm earned “Neutral” rating on Friday, September 9 by Seaport Global. The rating was initiated by Cowen & Co on Monday, September 21 with “Market Perform”. The stock has “Buy” rating given by Deutsche Bank on Monday, October 5. The firm has “Buy” rating by Sterne Agee CRT given on Friday, October 2. Deutsche Bank maintained the stock with “Buy” rating in Thursday, August 6 report. The rating was maintained by Citigroup on Monday, October 5 with “Neutral”. Societe Generale downgraded the shares of CSTM in a report on Friday, May 20 to “Hold” rating. JP Morgan maintained Constellium NV (NYSE:CSTM) rating on Wednesday, March 16. JP Morgan has “Overweight” rating and $12 price target.

According to Zacks Investment Research, “Constellium N.V. is involved in the development of aluminium products and solutions for aerospace, automotive, packaging and industry. The company offers plates, sheet and coil, precision casting, cockpit carriers for vehicles, vehicle safety components, profiles as well as tubes and bars. Constellium N.V. is headquartered in rue Washington, France.”

More recent Constellium NV (NYSE:CSTM) news were published by: Moodys.com which released: “Moody’s downgrades Constellium CFR to B3; negative outlook” on December 18, 2015. Also Fool.com published the news titled: “Why Constellium NV’s Shares Plunged 25% Today” on August 05, 2015. Streetinsider.com‘s news article titled: “Constellium N.V. (CSTM) CFO Didier Fontaine to Pursue Another Opportunity” with publication date: August 31, 2016 was also an interesting one.

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